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have been largelyly absent in the back and forth over the fiscal cliff. i called several members organizers would just as soon not go public. that theory organizing after what they call very dispointing election. at civic center plaza abc 7 news. >> europe biggest bank hsbc is expected to pay 1.9 billion dollars to settle a money laundering investigation with regulators in the united state states. hsbc is accused of money laundering for mexican drug cartel. announcement formally is expected tomorrow. >> apple new appearing map is now coming with a safety warning for nurs australia. police in the city of victoria asking drivers to avoid using it. officers say they have had to rescue several people who got lost when the app led them to the wrong place. drivers stranded for more than 24 hours when directed miles away from murray sunset national park. may not seem like a big deal except that location is in the middle of nowhere and the park has no water supply and temperatures can reach 115 degrees. dangerous place to be stranded. apple hasn't commented but t
have been largelyly absent in the back and forth over the fiscal cliff. i called several members organizers would just as soon not go public. that theory organizing after what they call very dispointing election. at civic center plaza abc 7 news. >> europe biggest bank hsbc is expected to pay 1.9 billion dollars to settle a money laundering investigation with regulators in the united state states. hsbc is accused of money laundering for mexican drug cartel. announcement formally is...
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why not go over the fiscal cliff where you get both of those? i think that's where we are headed, david, unfortunately. david: bill beach, director of heriiage foundation director of for analysis. good to see you again. liz: right before the holidays, citi cutting costs and 11,000 jobs with it. that number could go up even more. liz macdonald has all the breaking details exclusively here on fox business. but when i was in an accident... i was worried the health care syst spoke a language all its own with unitedhealthcare, i got help that fit my life. i never missed a beat. that's health in numbers. unitedhealthcare. ♪ [ male announcer ] they are a glowing exple of what it means to be the best. and at th special time of year, they shine evebrighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional pric [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. liz: the third largest u.s. bank announcing it will cut 11,000 jobs in an eff
why not go over the fiscal cliff where you get both of those? i think that's where we are headed, david, unfortunately. david: bill beach, director of heriiage foundation director of for analysis. good to see you again. liz: right before the holidays, citi cutting costs and 11,000 jobs with it. that number could go up even more. liz macdonald has all the breaking details exclusively here on fox business. but when i was in an accident... i was worried the health care syst spoke a language all...
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Dec 5, 2012
12/12
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by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls for a higher tax rate on earned income exceeding $250,000 and republicans say that would be a job killer. though are pushing for raise revenue by closing tax loopholes and deductions, something that the president says would not raise enough cash. wendell is live with more on the white house. how much much revenue would the president's plan raise by raising the tax rates for high earners? >> about $1 trillion the next 10 years from the rate increase. that is just part of a package that also includes limits on deductions and tax credits and aims to pull in a total of $1.6 trillion. republicans want to keep tax rates the same b end deductions and loopholes but obama says that will not get the job done. >> it is not possible to raise the amount of revenue required for a balance the package if all you rely on is closing deductions and loopholes. let me amend that. it is possible
by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls for a higher tax rate on earned income exceeding $250,000 and republicans say that would be a job killer. though are pushing for raise revenue by closing tax loopholes and deductions, something that the president says would not raise enough cash. wendell is live with more on the...
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Dec 12, 2012
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cliff. he said he and president obama talked and said it is clear that serious differences remain. republicans want tax cuts and reduced spending on programs. >>> they hopefully will remember this wedding anniversary date. 12/12/12. >> witness the marriage today. >> at courthouses al around the to get married. one couple came to the courthouse found all the bookings in city hall were taken. it is the same month, day and year are considered lucky. >>> today on channel news at five. this is a live look from chopper two. lots of officers. oakland police. told us this is a marijuana grow house. they found 700 plants in and cash. and reporter is just getting to the scene. what we learned about the bust and tied to the grow operation at five. thank you for trusting the news at ktvu. >-.y÷$@y+o3vhpe
cliff. he said he and president obama talked and said it is clear that serious differences remain. republicans want tax cuts and reduced spending on programs. >>> they hopefully will remember this wedding anniversary date. 12/12/12. >> witness the marriage today. >> at courthouses al around the to get married. one couple came to the courthouse found all the bookings in city hall were taken. it is the same month, day and year are considered lucky. >>> today on...
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Dec 5, 2012
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cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter: speaker boehner offered the republican proposal this week and now he faces opposition from president obama. >> the speaker's proposal is out of balance. >> reporter: some in his own party are lining up against him. jim demint a tea party leader said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more. disagreements among republicans and democrats here on capitol hill is nothing new, but tuesday a republican aide told us the two sides aren't even talking. not surprisingly the white house disagrees. >> i can guarantee you conversations continue at different levels. and among different groups. >> reporter: both parties are ready to play the blame game in case negotiations fail. >> there's only one person out of 370 million americans who can sign something into law and that's the president. >> 60% of a
cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter: speaker boehner offered the republican proposal this week and now he faces opposition from president obama. >> the speaker's proposal is out of balance. >> reporter: some in his own party are lining up against him. jim demint a tea party leader said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in...
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Dec 9, 2012
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here at home, we are just over three weeks away from falling over the so-called fiscal cliff, that combination of tax increases and deep federal spending cuts. nancy cordes reports, the back- and-forecast showed no sign of letting up today 20 white house and republicans in congress. dr reporter: in his saturday weekly address, president obama nignaled he is open to making cuts on programs like medicare agd medicaid if republicans atree to raise tax rates for the rich. fini'm willing to find ways to cing down the cost of health care without hurting seniors and dther americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending duts i signed into law last year. >> reporter: his remarks came one day after house speaker john aehner announced the talks were stalled. >> well, this isn't a progress report because there's no progress to report. >> reporter: his democratic counter-part, nancy pelosi, blamed boehner for the stalemate. >> what they offered in return nas an empty letter, lacking in the fics. 3 dreporter: such is the state of negot
here at home, we are just over three weeks away from falling over the so-called fiscal cliff, that combination of tax increases and deep federal spending cuts. nancy cordes reports, the back- and-forecast showed no sign of letting up today 20 white house and republicans in congress. dr reporter: in his saturday weekly address, president obama nignaled he is open to making cuts on programs like medicare agd medicaid if republicans atree to raise tax rates for the rich. fini'm willing to find...
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if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go on a downward spiral. >> reporter: the president met with house speaker john boehner at the white house. their face-to-face meeting in three weeks. neither side would offer any details from the discussion, which may be a good sign of modest progress. but a spokesman for the republican leader said boehner did not back down. his offer to the white house last week is still the gop's position in the fiscal cliff talks. that plan offers a total of $2.2 trillion in deficit reduction over the next decade, including $800 billion in new tax revenue, but no increases on the top 2% of taxpayers. that's where the stalemate seems to be centered. president obama insists taxes on the wealthy must go up. >> but when they start making a million or 10 million or 20 million, you can afford to pay a little more. >> reporter: several republicans indicated that's a concession they're willing to make. >> will
if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go on a downward spiral. >> reporter: the president met with house speaker john boehner at the white house. their face-to-face meeting in three weeks. neither side would offer any details from the discussion, which may be a good sign of modest progress. but a spokesman for the republican leader said boehner did...
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Dec 11, 2012
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. >>> as for more immediate concerns, the fiscal cliff is one day closer, with a stalemate over heading off huge tax increases and deep spending cuts at the start of the new year. president obama and house speaker john boehner are keeping tight-lipped about those talks. in michigan on monday, the president warned going over the fiscal cliff will cost jobs and send the country in a downward spiral. >>> colorado is now the second state after washington in which marijuana is now legal. that became the law yesterday, when the governor put a voter-approved amendment into the state's constitution. the implementation of the law will be worked out by a special task force. in a statement, the u.s. attorney noted that pot remains illegal, though, under federal law. >>> well, family and friends are remembering that navy s.e.a.l. who gave his life to rescue an american doctor in afghanistan. abc's senior foreign affairs correspondent martha raddatz has more on the life of this fallen warrior. >> reporter: nicolas checque was just 28 years old. but for much of the last decade he had been a navy s.e.
. >>> as for more immediate concerns, the fiscal cliff is one day closer, with a stalemate over heading off huge tax increases and deep spending cuts at the start of the new year. president obama and house speaker john boehner are keeping tight-lipped about those talks. in michigan on monday, the president warned going over the fiscal cliff will cost jobs and send the country in a downward spiral. >>> colorado is now the second state after washington in which marijuana is now...
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. >>> and in washington, no progress on talks to avoid the fiscal cliff. house speaker john boehner says serious differences remain between him and president obama, over raising taxes and cutting spending. 14 and a fascinating historical note. ahead of mr. obama's second public inauguration, by the time it's over on january 21st, the president will have tied fdr because he'll have been sworn in four times. mr. obama will take a private oath on sunday, january 20th, as required by the constitution. the very next day, he will take it publicly. the president also took two oaths in 2009, after a flub by chief justice john roberts. >> a lot of swearing. >> yes. >> two terms, four swearing. not four terms. >>> and south korea says the satellite north korea launched is orbiting the earth normally. but whether it's functioning properly, that's another question. yesterday's launch has drawn international condemnation. the u.s. and its allies are pushing for stronger sanctions. but china, north korea's biggest supporter says, a moderation is needed to avoid further
. >>> and in washington, no progress on talks to avoid the fiscal cliff. house speaker john boehner says serious differences remain between him and president obama, over raising taxes and cutting spending. 14 and a fascinating historical note. ahead of mr. obama's second public inauguration, by the time it's over on january 21st, the president will have tied fdr because he'll have been sworn in four times. mr. obama will take a private oath on sunday, january 20th, as required by the...
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but it's also important to remember that the fiscal cliff isn't only tax rates and spending cuts. the fiscal cliff also includes the nation's agriculture policy, which expires at the end of the year. it includes patches to medicare formulas. patches to social security formulas. so this is a huge mess of issues. we're not even talking about those issues yet. congressional negotiators and the white house aren't talking about these huge host of other issues that are on the table. the thought is if they can get past tax rates and spending cuts, then they will be able to deal with the peripheral issues. but we don't have much time. if a deal isn't reached or a framework isn't reached in the next week or, so it's going to be a big problem. >> all right, thanks for that. good to see you. > >>> nokia -- we'll tell you more when we come back in a few moments. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sal
but it's also important to remember that the fiscal cliff isn't only tax rates and spending cuts. the fiscal cliff also includes the nation's agriculture policy, which expires at the end of the year. it includes patches to medicare formulas. patches to social security formulas. so this is a huge mess of issues. we're not even talking about those issues yet. congressional negotiators and the white house aren't talking about these huge host of other issues that are on the table. the thought is if...
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a large piece of the fiscal cliff is $94 billion in automatic government spending cuts over the next year. part of a trillion dollars in federal cuts over the next decade though even with these cuts the federal government is still projected to spend more each year over the next decade. to put this in perspective, one former cbo director says the costs of hurricane sandy could easily wipe out most of next year's savings. >> with a trillion dollar deficit right now. so if you cut 94 billion and nothing else changes you barely dented the deficit. the other programs are growing. we'll not see spending decline. in fact we'll likely have a emergency spending bill for sandy that is 60 billion. 94 is gone right there. >> even with a trillion dollars in cuts federal spending is on the way up every year starting with 3.5 trillion this fiscal year. nearly 3.6 trillion in 2014. 4 trillion by 2016 and 5 trillion by 2021. the cbo says even allowing 5 trillion in tax increases to hit the economy the next decade the federal government still spends $2.3 trillion more than it takes in. back to you. me
a large piece of the fiscal cliff is $94 billion in automatic government spending cuts over the next year. part of a trillion dollars in federal cuts over the next decade though even with these cuts the federal government is still projected to spend more each year over the next decade. to put this in perspective, one former cbo director says the costs of hurricane sandy could easily wipe out most of next year's savings. >> with a trillion dollar deficit right now. so if you cut 94 billion...
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the mandatory increases across the board taxes from everyone if we go over that fiscal cliff, you got to compromise. there's nothing wrong with compromise. to some liberals on the far left, conservatives on the far right, compromise is a dirty word. you should never compromise with the other side. they hate that. they rather go over the fiscal cliff but the overwhelming majority of americans totally disagree with those hard line positions on the extreme left and the extreme right. they want to compromise and they want a deal and they want the president and john boehner, the republican leadership and democratic leadership to come up with something that avoids going over the fiscal cliff. i think that's what that poll shows. >> let me change topics for a bit. news broke just before the program that republican senator jim demint is leaving. he decided to take over the heritage foundation. i have a question for you in that was this expected? he's a staunch conservative and opponent to craving into democrats and how do those things factor into a way ahead for republicans in the senate? >>
the mandatory increases across the board taxes from everyone if we go over that fiscal cliff, you got to compromise. there's nothing wrong with compromise. to some liberals on the far left, conservatives on the far right, compromise is a dirty word. you should never compromise with the other side. they hate that. they rather go over the fiscal cliff but the overwhelming majority of americans totally disagree with those hard line positions on the extreme left and the extreme right. they want to...
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a large portion of american consumers know about the fiscal cliff and is cutting down their spending. >> the u.s. solar industry is being battered in recent years. j.p. morgan coming out with a warning for one so the company >> yes stop first solar. j.p. morgan saying don't buy. this is the next $300 stock that fell. so there is a great story but it needs government subsidies to be cost effective. there is way too much capacity out there. declining demand in europe. as berkeley this is not a good time to buy. >> we have the mayan calendar reset coming up on the 21st. we're talking about the end of the world and tci friday's is really happy december 21st is on a friday. >> a lot of restaurants are. they're doing a lot of $180 meals. some are doing a final feast and handing out sunglasses to customers. it is a great way to get people and. it is happening on a friday. it will almost be like a many holiday. fourth of july, valentine's day people want to spend money. people will spend money because it is a my and holiday. restaurants are great at marketing towards it. >> it the world does
a large portion of american consumers know about the fiscal cliff and is cutting down their spending. >> the u.s. solar industry is being battered in recent years. j.p. morgan coming out with a warning for one so the company >> yes stop first solar. j.p. morgan saying don't buy. this is the next $300 stock that fell. so there is a great story but it needs government subsidies to be cost effective. there is way too much capacity out there. declining demand in europe. as berkeley this...
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Dec 13, 2012
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the fiscal cliff is all about tax hikes. it is not about the spending cuts. then's a problem because we have sluggish growth and we have a spending problem and 16 trillion in debt and raising those taxes aren't going to fix our problems. i've never heard of taxing our way into prosperity. and so i don't understand why the discussion is centering so much around the hikes and not around cutting the spending, which is what we need to do. stuart: the president actually wants 50 billion in extra spending in the -- charles: he also wants the power to raise the debt willy-nilly whenever he wants. the g.o.p. lost that. they should have drawn that line in the sand a long time ago. it's always been about revenues. boehner's already given in on that. it's just how do we come to that numb number? here's the thing, the president isn't going to listen to anything outside of the oval office. what they are telling him, you have a mandate, you have a decisive victory, pound, pound, pound. stuart: i think he will have a tax increase on the rich, promise of spending cuts -- cha
the fiscal cliff is all about tax hikes. it is not about the spending cuts. then's a problem because we have sluggish growth and we have a spending problem and 16 trillion in debt and raising those taxes aren't going to fix our problems. i've never heard of taxing our way into prosperity. and so i don't understand why the discussion is centering so much around the hikes and not around cutting the spending, which is what we need to do. stuart: the president actually wants 50 billion in extra...
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so, sandra, if we hit this fiscal cliff, all the spending cuts kick in, what effect will that have on air travel? >> reporter: the big unknown is still how it will affect the everyday traveler. and that is certainly something a lot of people here are wanting to figure out. as for the air traffic controllers union, they released a statement this afternoon saying that it would be a major blow to the airline industry as well as the economy if these cuts are in effect. now, overall, we're talking about a nearly $2.2 billion projected cut to the department of transportation. half of that would come from the faa, and the tsa would suffer a $643 million spending cut. so according to the head of the tsa, they do have a plan b. they have a plan in place ready to go if these cuts are in place. now, he says that the overall front line operations would not be effective, but this would be a major severe budget cut and a lot of travelers here we spoke to, brooke, say they are paying close attention to the negotiations. >> it does concern me because, yes, i do travel not extensively, but enough on m
so, sandra, if we hit this fiscal cliff, all the spending cuts kick in, what effect will that have on air travel? >> reporter: the big unknown is still how it will affect the everyday traveler. and that is certainly something a lot of people here are wanting to figure out. as for the air traffic controllers union, they released a statement this afternoon saying that it would be a major blow to the airline industry as well as the economy if these cuts are in effect. now, overall, we're...
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i want to ask you about the fiscal cliff, the state of play. there's revenues on the table. there's tax rate increases on the table. i don't know if there's spending on the table. what's your thinking prigt now? >> that it's a really, really bad idea to raise taxes. if you want your economy to grow, you should do the opposite. we have to cut taxes. that's how i'd fix the economy. leave more money in the private sector. the president is adamant about raising taxes and he's dead wrong. >> there are some people saying we need a deal to avoid a huge tax increase but year end that would throw us into recession. just a thought, would you compromise in terms of let's say a smaller tax rate increase -- let's say the top rate goes to 37% instead of 40%, maybe the threshold goads es to $500,000 $750,000 rather than $250,000? does that interest you? >> no. but what about means testing for entitlement. why don't we say the rich get less social security and they pay more for their medicare? it meets the president's animus that we must get more money out of the rich. let's just send less
i want to ask you about the fiscal cliff, the state of play. there's revenues on the table. there's tax rate increases on the table. i don't know if there's spending on the table. what's your thinking prigt now? >> that it's a really, really bad idea to raise taxes. if you want your economy to grow, you should do the opposite. we have to cut taxes. that's how i'd fix the economy. leave more money in the private sector. the president is adamant about raising taxes and he's dead wrong....
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Dec 8, 2012
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cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the unemployment rate coming down, listen, that can be reversed if people lose confidence in our future. >> the number two senate ranked democrat mr. temperature bib argues next week will be critical in terms of president obama and speaker boehner finding a compromise. shep? >> shepard: democrats are still saying what they have said all along and what the president ran on this is about taxes. >> that is true and they note president obama campaigned on upper income americans paying more so they intend to make sure that happens. the house democratic leader says the only obstacle is republicans refusing to ask the top 2% to pay more. >> this is a moment of truth. the clock is
cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the unemployment rate coming down, listen, that can be reversed if people lose confidence in our future. >> the number two senate ranked democrat mr. temperature...
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. >> still to come on america's news headquarters, fiscal cliff fiasco. enough about tax rates going up, the outrageous thing virtually no one's talking about is our spending problem. america is $16 trillion in debt and counting. how much does each american -- you! owe? we'll break it dowfnlt regulation nation. the federal government wants to take away people's homes, tear them down and plant grass, all in the name of environmental cleanup. democrats and robberies robberie joined forces to fight back. >> isn't there anyone who know what is christmas is all about? >> everyone loves charlie brown, right? not so fast. the beloved cartoon character is caught up in a war on christmas. i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >> the holidays are a time for giving and a perfect time to remember those who have hel
. >> still to come on america's news headquarters, fiscal cliff fiasco. enough about tax rates going up, the outrageous thing virtually no one's talking about is our spending problem. america is $16 trillion in debt and counting. how much does each american -- you! owe? we'll break it dowfnlt regulation nation. the federal government wants to take away people's homes, tear them down and plant grass, all in the name of environmental cleanup. democrats and robberies robberie joined forces...
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and that is one of the reasons that we're now in the fiscal cliff. >> reporter: critics say congress can not be totally honest about cutting the budget as long as baseline budgeting remains in effect. democrats used baseline budgeting to their advantage more than republicans but republicans are not immune to using it too. both parties are complicit in the kind of accounting that queen only exist in washington, jenna. jenna: that is so true. speaker boehner will talk on the floor at noon. we'll bring our viewers live what he has to say about the fiscal cliff negotiations. whether or not we can read a little bit what he has to say where we're at in the negotiations of the maybe no ski trip to mars included in that. >> reporter: you doubt it. jenna: doug, thank you very much. we appreciate it. rick: the president's second term has not even started yet but some political pundits are already looking ahead to 2016. what they're saying about hillary clinton's chances four years from now. >>> rare december tornados slamming the southern u.s., leaving behind a trail of destruction, devastatin
and that is one of the reasons that we're now in the fiscal cliff. >> reporter: critics say congress can not be totally honest about cutting the budget as long as baseline budgeting remains in effect. democrats used baseline budgeting to their advantage more than republicans but republicans are not immune to using it too. both parties are complicit in the kind of accounting that queen only exist in washington, jenna. jenna: that is so true. speaker boehner will talk on the floor at noon....
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revenue to avoid the so-called fiscal cliff we're talking so much b. otherwise we know there will be automatic tax hikes. there are also the spending cuts that kick in starting in january. the pentagon will bear the brunt of the automatic spending cuts. some republicans say mandatory cuts are better than no cuts at all and we should put defense spending on the chopping block to accomplish the long-term goal of reducing the deficit. joining me now oklahoma congressman james langford, his second term in congress. what do you think about that, some suggesting this is in a political article that the republicans are foresee questions tracing if that is the only way to cut the debt and deficit. >> the challenge of it is this is really part sue of the debt ceiling debate we had last summer. we wanted a strategic plan to reduce the spending. the house passed that in may. we had an outlined plan to reduce spending. we had no answer from them. the see questions station wa sequestration was the last report. i haven't been in congress a longtime but i can tell you
revenue to avoid the so-called fiscal cliff we're talking so much b. otherwise we know there will be automatic tax hikes. there are also the spending cuts that kick in starting in january. the pentagon will bear the brunt of the automatic spending cuts. some republicans say mandatory cuts are better than no cuts at all and we should put defense spending on the chopping block to accomplish the long-term goal of reducing the deficit. joining me now oklahoma congressman james langford, his second...
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. >>> most americans say our leaders will keep us from falling off the fiscal cliff 20 days from now. that's according to a news pal. 51% say president obama and congress will cut a deal to prevent automatic tax hikes and spending cuts. john boehner says he still has serious differences with the president after they exchanged new counteroffers apparently and talked on the phone last night. now some house republicans are vowing to work through the holidays to get the deal done. ed henry is live at the white house. that's a motivator i suppose, lose your christmas. >> normally when there is a holiday like that, you're right. this forces them to come to the table. right now they are still pretty far apart. there was a phone call you last night between the president and the speaker. officials on both sides telling me tonight the call was pretty tense because the bottom line is they are still not finding common ground. you listen to the speaker today, jay carney from the white house podium, they're still saying that they're farther apart on both spending cuts and tax increases. take a list
. >>> most americans say our leaders will keep us from falling off the fiscal cliff 20 days from now. that's according to a news pal. 51% say president obama and congress will cut a deal to prevent automatic tax hikes and spending cuts. john boehner says he still has serious differences with the president after they exchanged new counteroffers apparently and talked on the phone last night. now some house republicans are vowing to work through the holidays to get the deal done. ed henry...
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speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want. according to scott hodge of the tax foundation. what are some alternatives to raising revenue? joining me with some ideas. to your point, you're written quite extensively on this topic. it seems the economy is poised to fall off the cliff and that's what the democrats and the president wants to happen. >> they want to allow all the bush tax cuts to expire. it happens naturally automatically. they don't even have to vote for it. in january we had to lower taxes for everybody. getting it very simply. lori: a lot of people are concerned. if we do go over the cliff, there's no resolution for
speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want....
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fed that the fiscal cliff is already hurting household confidence and business spending. >>> meantime security firm mcafee releasing a report about plans for a massive cyber attack on 30 u.s. banks. cyber criminals banding together around the world for project blitz creek targeting millions of dollars in consumers' bank accounts. they plan to use malware dying dormant in the u.s. financial system. here are a few of the banks at risk. citibank, wachovia, wells fargo, also e-trade and paypal also targeted. it could happen as early as the spring. no response from the banks we've contacted or the government, which monitors cyber warfare, cyber crime. >> so we have till spring to work it out? >> well, the fdic ensures your deposits up to $250,000. >>> republicans in the house have been warned santa claus might find them at the capitol for christmas if they can't get a deal on the fiscal cliff done before then. >> with coal. >> with coal all around, because they can't get a deal done on the fiscal cliff. we want to talk to congressman james langford, a republican from the state of oklahoma.
fed that the fiscal cliff is already hurting household confidence and business spending. >>> meantime security firm mcafee releasing a report about plans for a massive cyber attack on 30 u.s. banks. cyber criminals banding together around the world for project blitz creek targeting millions of dollars in consumers' bank accounts. they plan to use malware dying dormant in the u.s. financial system. here are a few of the banks at risk. citibank, wachovia, wells fargo, also e-trade and...
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Dec 6, 2012
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as you well know, we face the fiscal cliff, a series of tax hikes and spending cuts that many people think if they go into effect will put the country into recession. yet we heard the treasury secretary tim geithner say the president is willing to see the country go off the fiscal cliff if republicans do not accede to his demands. >> it's probably pretty real. but you can't get to where we need to go by cutting spending, that won't cut it. you're going to destroy a fragile economy. you can't get there by taxing your way into it and you can't grow your way out of this. you have to have a blend. when you have leaders of parties and people from the administration saying i think it will be to the advantage of the democrats to go off the cliff or i think it will be advantage to the republicans to go off the cliff or the president to go off the cliff, that's like betting your country. there's stupidity involved in that. this is big-time stuff. >> let me ask you about a report that some republicans now are perhaps willing to see the tax rates rise to some degree on top earners in exchange f
as you well know, we face the fiscal cliff, a series of tax hikes and spending cuts that many people think if they go into effect will put the country into recession. yet we heard the treasury secretary tim geithner say the president is willing to see the country go off the fiscal cliff if republicans do not accede to his demands. >> it's probably pretty real. but you can't get to where we need to go by cutting spending, that won't cut it. you're going to destroy a fragile economy. you...
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Dec 10, 2012
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or else automatic spending cuts and tax hikes will kick in and with the fiscal cliff looming, our consumers feeling at all concerned? christine romans joins us now from new york with that. good morning, christine. >> good morning, ted. first, let me tell you what's going right in the economy for consumers. there's a whole host of things. the job markets, 7.7% unemployment, the lowest in four years. you've got the housing market showing signs of recovery. rising home values in much of the country. gas prices, did you notice? they're down 46 cents over the past couple of months. they're expected to keep going lower and the dow is up 20 points now. the dow is above 1,300 and the s&p 500 is up 12% this year. so, what could go wrong? fiscal cliff. this is something weighing op consumer sentiment and we're starting to see it in the weekly -- look at this -- 39% said it would affect it some. they don't seem to have much faith in congress to fix it and any time except 11th hour and maybe a week into the new year and there's this payroll tax holiday that most people have been enjoying now for well o
or else automatic spending cuts and tax hikes will kick in and with the fiscal cliff looming, our consumers feeling at all concerned? christine romans joins us now from new york with that. good morning, christine. >> good morning, ted. first, let me tell you what's going right in the economy for consumers. there's a whole host of things. the job markets, 7.7% unemployment, the lowest in four years. you've got the housing market showing signs of recovery. rising home values in much of the...
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the edge of the fiscal cliff looming larger as the clock ticks toward the deadline on january 1st. negotiators are trying to hammer out a deal over tax hikes and spending cuts searching for common ground. amid all the back and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the white house today. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of cours
the edge of the fiscal cliff looming larger as the clock ticks toward the deadline on january 1st. negotiators are trying to hammer out a deal over tax hikes and spending cuts searching for common ground. amid all the back and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the white house today. we don't...
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you know about the tax hikes and spending cuts that will kick in when we reach that fiscal cliff. you might not know what could happen to the food we eat. we'll take a look coming up. there are plenty of reasons to be jolly at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event because 'tis the season. chevy's giving more. this holiday season, get a 2013 cruze ls for around $169 per month or get $500 holiday bonus cash. [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes!
you know about the tax hikes and spending cuts that will kick in when we reach that fiscal cliff. you might not know what could happen to the food we eat. we'll take a look coming up. there are plenty of reasons to be jolly at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event...
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martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget management says $115 billion was misspent. that's a tremendous savings right there. they are both much lower than everyone says we need. all economists say we need a minimum of $4 trillion or greater swing. that means a combining of many things. i think both of them are in the two or not much more than two or lower than two. that only goats you halfway there. i don't know how we got off track of what we really need to fix this. martha: he argues the economy is ready to take off if people would just stop playing the blame game. bill: one of the changes that may be coming is the reduction in the mortgage interest rate duck you can claim. but according to the i.r.s. only a small percentage of americans claim it after all. all. 37% in maryland and 15% in north dakota. 73 per of americans are opposed to changing that. martha: the owner of popular restaurant chains claims complaints about obama-care h
martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget management says $115 billion was misspent. that's a tremendous savings right there. they are both much lower than everyone says we need. all economists say we need a minimum of $4 trillion or greater swing. that means a combining of many things. i think both of them are in the two or not much...
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this is the so-called fiscal cliff. now, it is clear what higher taxes would do. but what about budget cuts? who would that affect? a lot of folks including several million unemployed workers. watch this story with me from cnn's kyung lah. >> reporter: she doesn't call it a fiscal cliff. what she could be facing at year's end is a financial free fall. >> i don't know. i just wish i wasn't in this situation, but it is what it is. and i can just do what i can. >> reporter: she lost her job as a new home sales manager last january. on an old laptop, with a broken cord, she applies for job after job, keeping track in a packed notebook. >> seven, eight, nine. >> reporter: averaging 15 applications a day. at age 54, this is the first time she's been on unemployment. she emptied out her 401(k), her savings and now the last resort, the emergency federal jobless program has kept her in her town home, giving her $450 a week. but on december 29th, unless congress and the white house act, the money stops. >> we're not trying to live off the system. we're trying to survive. it
this is the so-called fiscal cliff. now, it is clear what higher taxes would do. but what about budget cuts? who would that affect? a lot of folks including several million unemployed workers. watch this story with me from cnn's kyung lah. >> reporter: she doesn't call it a fiscal cliff. what she could be facing at year's end is a financial free fall. >> i don't know. i just wish i wasn't in this situation, but it is what it is. and i can just do what i can. >> reporter: she...
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cliff and the importance of having a balance of new revenue and new spending cuts. jay carney with a briefing at 12:30. >> this is "the bill press show." [ music ] >> what do you say in good morning, everybody. fellow americans, it's good to see you today. thank you for joining us, and welcome to the "full-court press" here on current tv. your progressive morning show. the only progressive morning show anywhere on cable television. good to have you with us this morning as we discuss the big issues of the day, and, of course take your calls. always welcome at 866-55-press. and let's look. let's do the countdown. there are 12 shopping days until christmas 19 days until we go over the fiscal cliff but according to the mayan calendar only nine days until the end of the world. so if the mayans are right we don't have to worry about all of the rest of it. what if they are wrong? uh-oh. watch out. we will be up to date and first the latest, the day's current news update from waslisa ferguson as always joining us from our studio in los angeles. hey, lisa >> lisa: good morni
cliff and the importance of having a balance of new revenue and new spending cuts. jay carney with a briefing at 12:30. >> this is "the bill press show." [ music ] >> what do you say in good morning, everybody. fellow americans, it's good to see you today. thank you for joining us, and welcome to the "full-court press" here on current tv. your progressive morning show. the only progressive morning show anywhere on cable television. good to have you with us this...
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as we look at that fiscal cliff, what does that really do? it says government is going to spend less money, less money means less job training, less ways to get the unemployed back to work. that really says that we're probably going to be stuck with an unemployment problem for a long time. >> so avoiding a fiscal cliff doesn't necessarily mean getting people back to work? >> no, look, the economy is only growing by less than 2%. and when you got sub 2% growth, we're not going to be creating hundreds of thousands of jobs a month. that's what we need to see to see that unemployment rate come down and get us out of this hole. >> jill schlessinger from cbs money watch.com, thank you for joining us. appreciate it. >>> this week the air force is conducting a big sweep of work spaces. what are they looking for? well, they're looking for pictures of scantily clad women. yes. we'll explain. >>> and basketball legend kareem abdul-jabbar, the nba's all time leading scorer, joins me to talk about his own battle against a rare form of blood cancer. annou]
as we look at that fiscal cliff, what does that really do? it says government is going to spend less money, less money means less job training, less ways to get the unemployed back to work. that really says that we're probably going to be stuck with an unemployment problem for a long time. >> so avoiding a fiscal cliff doesn't necessarily mean getting people back to work? >> no, look, the economy is only growing by less than 2%. and when you got sub 2% growth, we're not going to be...
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patty murray says she doesn't mind going over the fiscal cliff. dick durbin says we can't take up entitlements this year and the president says you can't touch social security plus he wants more spending and whatever the deal is. that's not what the american people thought the fiscal cliff was about. they thought it was about trying to have something to force us, force our congress and our president to do something about the deficit and debt situation. everything they're talking about will make it worse. >> what's the answer? will we have the deal? >> the real answer is to have comprehensive. look at this. i as a republican, i would take raising the rates on the two top brackets if, in return, we had tax reform laid out over a period of months, if we had entitlement reform. we have to control defense spending. we have to control other no non- -- other discretionary non-defense spending. i think if you have the whole package, i would hold my nose despite the fact raising those two tax brackets is bad economics, bad for jobs, will hurt the economy,
patty murray says she doesn't mind going over the fiscal cliff. dick durbin says we can't take up entitlements this year and the president says you can't touch social security plus he wants more spending and whatever the deal is. that's not what the american people thought the fiscal cliff was about. they thought it was about trying to have something to force us, force our congress and our president to do something about the deficit and debt situation. everything they're talking about will make...
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cliff", which includes extending tax cuts for the middle class and resuming a fight over spending and taxes for the wealthy later. meanwhile, going overseas, nato makes a move on the turkish border with syria. military officials deny preparations for military intervention. protesters in egypt march on the palace as mohamed morsi flees. international and domestic news is all on the table for you this morning as we open up the phone lines. also, send us a tweet. or post your comment on facebook. or send us an e-mail. we will get back to that new york times story. first, some other headlines on the domestic front. here is the "washington times." also, sticking with the senate, the baltimore sun reporting this headline -- in politics, here is the denver post -- open phones before the first 30 minutes. we have a short show because the house is coming in at 9:00. steve in gaithersburg, maryland, a republican caller. caller: host: when did the republican party become the party that restricts poor? i understand the tax cut for the rich is important to some people, but i feel the good thing wo
cliff", which includes extending tax cuts for the middle class and resuming a fight over spending and taxes for the wealthy later. meanwhile, going overseas, nato makes a move on the turkish border with syria. military officials deny preparations for military intervention. protesters in egypt march on the palace as mohamed morsi flees. international and domestic news is all on the table for you this morning as we open up the phone lines. also, send us a tweet. or post your comment on...
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a series of tax cuts and spending cuts set to kick in just 26 shopping days until the fiscal cliff. >> brian: less working days. >> steve: that's right. house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the scenes. anything happening? >> steve, the president and house speaker john boehner talked on the phone yesterday, but they agreed not to characterize their conversation. so it's unclear how much progress they made. from the outside, it does seem they've moved a bit closer with boehner now agreeing to raise tax collection from the wealthy, though not by raising tax rates. >> we've got to cut spending and i believe to put revenues on the table. the revenues we're putting on the table will come from, guess who, the rich! there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government without raising tax rates which
a series of tax cuts and spending cuts set to kick in just 26 shopping days until the fiscal cliff. >> brian: less working days. >> steve: that's right. house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the scenes. anything happening? >> steve, the president and house...
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. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> white house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue.
. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on...
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is there any solution to not going over the fiscal cliff? >> reporter: we heard a lot of the same today from leaders in both parties. from the speaker coming out and saying the president's got to put more spending cuts on the table and from the democratic leaders say that the republicans just have to give on agreeing to raise tax rates for the wealthy. no. guess what? we heard from dthem that the house speaker is going home this weekend. he's not going to be here. they'll hopefully talk to the phone, but no face-to-face meetings. >> dana you talked to a couple of guys that spent careers in congress making deals, and they talk about you how they did it. tell us a little bit about that, the insights here. >> reporter: a really fascinating conversation with a former republican leader, senate let the record trent lott and the former democratic leader tom dashle on opposite sides of the table for almost ten years i covered them for a large part of that. i asked about, you know, kind of what was different back then versus now. specifically since t
is there any solution to not going over the fiscal cliff? >> reporter: we heard a lot of the same today from leaders in both parties. from the speaker coming out and saying the president's got to put more spending cuts on the table and from the democratic leaders say that the republicans just have to give on agreeing to raise tax rates for the wealthy. no. guess what? we heard from dthem that the house speaker is going home this weekend. he's not going to be here. they'll hopefully talk...
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. >>> the president was in michigan to rally support for his plan to avoid the fiscal cliff and with just 21 days left until the deadline, a new gallup poll shows most americans want congress to compromise on spending and tax cuts. 70% say republicans and democratic leaders should make a deal now, up eight points since last week. major garrett is at the white house covering the fiscal talks. good morning. >> reporter: good morning and good morning to our viewers out west. one thing has been agreed upon in the fiscal cliff talks, not to discuss the details. many look at this bipartisan silence and see an encouraging sign but white house and congressional sources tell me that while the atmosphere around these talks is positive between the president and speaker john boehner, when it gets to the underlying details, progress is maddeningly slow. president obama telephoned senate majority leader harry reid monday while rob nabors huddled for a second day in a row aide to speaker john boehner. no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behi
. >>> the president was in michigan to rally support for his plan to avoid the fiscal cliff and with just 21 days left until the deadline, a new gallup poll shows most americans want congress to compromise on spending and tax cuts. 70% say republicans and democratic leaders should make a deal now, up eight points since last week. major garrett is at the white house covering the fiscal talks. good morning. >> reporter: good morning and good morning to our viewers out west. one...
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on a new ad campaign to push for a fiscal cliff deal that includes more spending cuts and fewer higher taxes. >> so far he says more taxes. >> the truth is the white house deal did propose some $600 billion in healthcare and spending cuts. finally, secretary of state ken says he will investigate the state's voting problems. the republican in florida told the state ethics and elections committee he will dispatch a special team to investigate the five florida counties that had especially-long lines. right after it he defended florida's voting mess saying he had no regrets. wewewewewewewewewewewewewewewewewewewewewewewewewewewewewewe on to me now? you know the the kind of guys that do reverse mortgage commercials? those type. those types are coming on to me all the time now. >>> she get's the comedians laughing... >>>that hilarious. >>>and the thinkers thinking. joy>>>okay so. there's wiggle room in the ten commandments is what you're telling me? >>she's joy behar. joy>>>and the best part is that current will let me say anything. what the hell were they thinking? >>>> only on current tv.
on a new ad campaign to push for a fiscal cliff deal that includes more spending cuts and fewer higher taxes. >> so far he says more taxes. >> the truth is the white house deal did propose some $600 billion in healthcare and spending cuts. finally, secretary of state ken says he will investigate the state's voting problems. the republican in florida told the state ethics and elections committee he will dispatch a special team to investigate the five florida counties that had...
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this fiscal cliff negotiation seems doomed. am i being pessimistic? >> we're basically spending like europeans, but being taxed like americans. at some point you got to decide which you want. basically american government spending now is getting close to norwegian levels. and at that point, you can't have american tax levels. >> brian: what is their level? >> they spend 46% of gdp and people pay that. that's reflected in their taxes. america is basically borrowing $188 million every hour in washington. seven days a week, 24 hours a day, thanksgiving, ramadan, whatever. that gap cannot be closed by sticking to to the rich. >> brian: don't you think the president realizes that or do you think he fully realizes that in. >> oh, yeah, he does. this is the cunning thing. he's going to blame it on the rich, blame it on the republicans. but right now if you're just an average working guy with an average income, your taxes are going to go up because for him -- pour for the president, it's not about the economy. it's about government. it's about the size of gov
this fiscal cliff negotiation seems doomed. am i being pessimistic? >> we're basically spending like europeans, but being taxed like americans. at some point you got to decide which you want. basically american government spending now is getting close to norwegian levels. and at that point, you can't have american tax levels. >> brian: what is their level? >> they spend 46% of gdp and people pay that. that's reflected in their taxes. america is basically borrowing $188 million...
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cuts made to avoid the fiscal cliff would affect native-american issues. and you may remember yesterday, the president met with a group of six governors on this issue. this has become the primary focus on washington. alison burns is in our d.c. newsroom with more on this. >> reporter: that's right, tori. president obama is trying to convince these business leaders that he has a plan to avoid the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice. here's a look at the president shaking hands with business leaders about 15 minutes ago and he's calli for tax increases on the wealthiest americans and an extension of tax rates for the middle school. talks have fallen apart in recent days. but the president insists he's working with republicans to try to get a deal. republicans are willing to cut -- >> reporter: republicans are willing to cut loopholes. here's what john boehner said. >> the revenues being put on the table are gonna come from guess who? the rich. >> reporter: republicans say it's clear to them that presi
cuts made to avoid the fiscal cliff would affect native-american issues. and you may remember yesterday, the president met with a group of six governors on this issue. this has become the primary focus on washington. alison burns is in our d.c. newsroom with more on this. >> reporter: that's right, tori. president obama is trying to convince these business leaders that he has a plan to avoid the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice....
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the effects of the fiscal cliff are already holding back some things. >> of course. what stood out to me from howard schultz, the people that need it the most, the average american will feel this to the core. confidence is the corner stone. >> it makes you make decisions, big decisions, small decisions. i'm not going to buy that or do that, i'm scared to death. here's my question for the two of you. are more big ceos falling in line with the yes, let's raise the taxes on the 2%? >> if i don't know if a majority. would you say a majority? >> i think they want a deal and people have to make -- it's hard to make compromises. >> we've heard it from goldman sac sachs, warren buffett, schultz. >> big names there. >> they want clarity. the interesting thing to me, the stock market and bond market haven't freaked out yet about this. people in the stock market saying they're not stupid enough to let us go there. >> to let this happen. >> i hope they'll get something done. >> gosh, i hope so. >> thank you. >>> 25 minutes past the hour. an awards season shocker at the company t
the effects of the fiscal cliff are already holding back some things. >> of course. what stood out to me from howard schultz, the people that need it the most, the average american will feel this to the core. confidence is the corner stone. >> it makes you make decisions, big decisions, small decisions. i'm not going to buy that or do that, i'm scared to death. here's my question for the two of you. are more big ceos falling in line with the yes, let's raise the taxes on the 2%?...
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>> they are still trying to reach a resolution in the fiscal cliff talks. it's getting a little heated between president obama and speaker boehner. take a look at what they've been saying to each other. yesterday obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week. it's not that tough. boehner then responded saying, quote, i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own. obama responded to that saying, maybe i will. to which boehner replied, maybe i will. and mr. obama replied, stop copying me. so which boehner replied, stop copying me. >> to which obama replied dam infinity. you win for now boehner. >> according to a new poll that just came out, most americans think santa claus is a democrat. which is odd because you think of white, old, fat men that hire unskilled labor, i think republicans. i do. >>> you're in the situation room. happening now, cnn goes in search of syria's chemical weapons. a former regime soldier tells us his or
>> they are still trying to reach a resolution in the fiscal cliff talks. it's getting a little heated between president obama and speaker boehner. take a look at what they've been saying to each other. yesterday obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week. it's not that tough. boehner then responded saying, quote, i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of...
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Dec 13, 2012
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we're sure he's going to be heavy in meetings on the fiscal cliff. and on changes in his cabinet. the only two things on his public schedule is that he will get the daily briefing today with the vice president at 9:45 at the white house. and then this evening at 7:40 p.m. at the white house president will be hosting a hanukkah reception. he's been having a lot of christmas parties. the white house tonight is the hanukkah reception. i should know third or fourth night of hanukkah. at any rate, we're into hanukkah here. president obama marking that this evening at the white house. jay carney will hold his regular press briefing at 1:00 today. and i'll be there representing all of you. >> announcer: this is the "bill press show." [ ♪ theme ♪ ] >> bill: hey, good morning everybody! it is thursday, december 13. this is the "full court press." welcome to the program here on current tv coming to you live all the way across this great land of ours from our studio on capitol hill in washington, d.c. our nation's capital. with everything else going on here today president obama at the r
we're sure he's going to be heavy in meetings on the fiscal cliff. and on changes in his cabinet. the only two things on his public schedule is that he will get the daily briefing today with the vice president at 9:45 at the white house. and then this evening at 7:40 p.m. at the white house president will be hosting a hanukkah reception. he's been having a lot of christmas parties. the white house tonight is the hanukkah reception. i should know third or fourth night of hanukkah. at any rate,...